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ConAgra Knows Food Demand is Continual, Not Cyclical |
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| Mar 28, 2008 12:32 PM UTC |
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Tracked Blogger
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3/3 - "With the markets in a choppy/consolidation mode (or perhaps worse), it's best to consider including a few defensive stocks in your portfolio. And with the above in mind ConAgra is worth an evaluation...Analysts see moderate revenue growth for ConAgra in F2008, with large profits from its trading and merchandising businesses. CAG's food / ingredients unit should also register a solid increase in earnings." "ConAgra is a moderate-risk stock not suitable for low-risk investors. Investors with an investment horizon longer than 2 years should be rewarded from shares. Sell / Stop Loss if you were to purchase shares in this company: $13.". 
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